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Class A Office Condominium
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600 Stonehenge Pwky, Columbus, OH

Second-floor office condo with abundant natural light and private elevator.

Property Size5,306 SF
Lot Size0.12 Acres
Price / SF$168.68
Days on Market516

Property Features for 600 Stonehenge Pwky

General Information

Standard status Active
Size 5,306 SF
Lot size 0.12 Acres
Property subtype OFFICE
Listing Agency: Rj Boll Realty, Ltd.
Listed By: Jeffrey Boll
Source: Moodyscre
Added: May 9, 2025 Changed: Sep 7 Last Checked: Oct 5 at 7:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rj Boll Realty, Ltd.

Investment Insights

Based on property information with market context.

This second-floor Class A office condominium unit, built in 2004, offers approximately 5,306 square feet of space. The unit features abundant natural light due to oversized windows. It includes private elevator access and a parking ratio of 4 spaces per 1,000 square feet. The property is zoned OLR. A new roof and exterior painting were completed in 2024. Potential seller financing is available.

Key Highlights

  • Abundant natural light from oversized windows
  • Private elevator access
  • 4 car parking space/1,000 Sq. Ft.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$61,302
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,226,040 $1.2M
Cap Rate 7%
$875,743 $875.7K
Cap Rate 9%
$681,133 $681.1K
Market Conditions
NOI Build-Up for 5,306 SF
Gross rent
$105.1K $19.80/SF
− Vacancy
−$23.3K −$4.40/SF
EGI
$81.7K $15.40/SF
− OpEx
−$20.4K −$3.85/SF
NOI
$61.3K $11.55/SF
Area
Columbus, OH
Vacancy
22.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,226,040
Cap Rate 7%
$875,743
Cap Rate 9%
$681,133

Alternative Uses

Best Use
Office B
$875.7K
$766.3K – $1.02M (±1% cap)
NOI $61,302 @ 7.0% cap · market cap 6.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.11M
$967.6K – $1.29M (±1% cap)
NOI $77,406 @ 7.0% cap · market cap 8.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Location Intelligence

Trade Area within ½ mile

1,418
Businesses Nearby

Market

Vacancy Rate% for Office in Columbus, OH

14.1% 2019
20.2% 2020
23.4% 2021
26.3% 2022
25.6% 2023
24.1% 2024
23.5% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Second-floor office condo with abundant natural light and private elevator.
Where is this office units located?
The property is located at 600 Stonehenge Pwky Columbus, OH.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Abundant natural light from oversized windows; Private elevator access; 4 car parking space/1,000 Sq. Ft.
(614) 402-0373 Call to check price and availability
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